VFFIX vs. VSBSX
VFFIX (Victory INCORE Fund for Income Class I) and VSBSX (Vanguard Short-Term Treasury Index Fund Admiral Shares) are both Government Bonds funds. Over the past 10 years, VFFIX returned 1.39%/yr vs 1.71%/yr for VSBSX. A 0.67 correlation means they provide meaningful diversification when combined. VFFIX charges 0.64%/yr vs 0.07%/yr for VSBSX.
Performance
VFFIX vs. VSBSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VFFIX achieves a 0.36% return, which is significantly lower than VSBSX's 0.40% return. Over the past 10 years, VFFIX has underperformed VSBSX with an annualized return of 1.39%, while VSBSX has yielded a comparatively higher 1.71% annualized return.
VFFIX
- 1D
- -0.15%
- 1M
- 0.11%
- YTD
- 0.36%
- 6M
- 0.51%
- 1Y
- 3.05%
- 3Y*
- 3.98%
- 5Y*
- 1.39%
- 10Y*
- 1.39%
VSBSX
- 1D
- -0.05%
- 1M
- 0.11%
- YTD
- 0.40%
- 6M
- 0.56%
- 1Y
- 2.93%
- 3Y*
- 4.30%
- 5Y*
- 1.87%
- 10Y*
- 1.71%
VFFIX vs. VSBSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VFFIX Victory INCORE Fund for Income Class I | 0.36% | 4.51% | 4.48% | 4.14% | -5.23% | -1.60% | 3.05% | 4.14% | 1.24% | 0.67% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 0.40% | 5.08% | 4.39% | 4.23% | -3.87% | -0.69% | 3.09% | 3.51% | 1.52% | 0.35% |
Correlation
The correlation between VFFIX and VSBSX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2011 | 0.67 |
The correlation between VFFIX and VSBSX shifts across timeframes, from 0.67 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VFFIX vs. VSBSX — Risk / Return Rank
VFFIX
VSBSX
VFFIX vs. VSBSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory INCORE Fund for Income Class I (VFFIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VFFIX | VSBSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.49 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 3.65 | -0.45 |
| Martin ratioReturn relative to average drawdown | 12.20 | 14.52 | -2.32 |
Loading charts...
Drawdowns
VFFIX vs. VSBSX - Drawdown Comparison
The maximum VFFIX drawdown since its inception was -8.60%, which is greater than VSBSX's maximum drawdown of -5.77%. Use the drawdown chart below to compare losses from any high point for VFFIX and VSBSX.
Loading charts...
Drawdown Indicators
| VFFIX | VSBSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.60% | -5.77% | -2.83% |
Max Drawdown (1Y)Largest decline over 1 year | -1.00% | -0.84% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -1.02% | -0.84% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -8.01% | -5.77% | -2.24% |
Max Drawdown (10Y)Largest decline over 10 years | -8.60% | -5.77% | -2.83% |
Current DrawdownCurrent decline from peak | -0.47% | -0.32% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -1.45% | -0.59% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.21% | +0.05% |
Volatility
VFFIX vs. VSBSX - Volatility Comparison
Victory INCORE Fund for Income Class I (VFFIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX) have volatilities of 0.49% and 0.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VFFIX | VSBSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 0.48% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.31% | 0.94% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.76% | 1.31% | +0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.53% | 1.96% | +0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.25% | 1.54% | +0.71% |
VFFIX vs. VSBSX - Expense Ratio Comparison
VFFIX has a 0.64% expense ratio, which is higher than VSBSX's 0.07% expense ratio.
Dividends
VFFIX vs. VSBSX - Dividend Comparison
VFFIX's dividend yield for the trailing twelve months is around 5.16%, more than VSBSX's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFFIX Victory INCORE Fund for Income Class I | 5.16% | 4.43% | 5.60% | 5.67% | 5.68% | 5.15% | 4.89% | 5.41% | 5.87% | 5.50% | 5.51% | 5.37% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 3.85% | 3.98% | 4.50% | 3.29% | 1.12% | 0.63% | 1.72% | 2.26% | 1.80% | 1.10% | 0.76% | 0.71% |
Frequently Asked Questions
VFFIX and VSBSX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFFIX has higher volatility (0.49%) compared to VSBSX (0.48%). In terms of maximum drawdown, VFFIX dropped -8.60% vs VSBSX's -5.77%.
VSBSX currently has the higher Sharpe Ratio (2.34 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VFFIX and VSBSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer